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Harvard's endowment, which is taxed, is different from a hedge fund. Harvard's endowment, which was $53.2 billion at the end of fiscal year 2021, is not a hedge fund by any definition of the term ...
“A hedge fund in New York takes control of a great Wisconsin business, shuts down a factory and 450 people lose their jobs. The town of Brokaw goes bankrupt. It’s not right.